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Merrill Lynch & Co.
| Headquarters location: World Financial Center, North Tower New York, NY 10281 |  | Tel. (212) 449-1000 Job offers, investor relations: www.ml.com Email: investor_relations@ml.com Stock:  |
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« ETHICAL » RATING OF MERRILL_LYNCH
, group
and subsidiaries
[ ?] |
| Human: 2 violation(s) of fundamental human rights |
| Job: 29% of company's jobs cut since 1998 |
| Delinquency: 11 act(s) of financial or trade delinquency |
| Tax haven, secret bank account, shell companies: operates in 16 offshore financial center(s) |
| Sales: more than 35 billion(s) dollars/euros in annual sales |
| Net profit: more than 25 billion(s) dollars/euros in cumulated net profit since 1998 |
| Top management: earns 999 times the median income in the United States (32000 US$/year) |
| Influence: 4 act(s) of direct corruption or lobbying |
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Relevance: business & market share |
World locations & Manufacturing |
Merrill Lynch is managed by |
year name | photo position; compensation source |
| 2008Thain, John |  Chief Executive Officer; salary: 0.75 million US$; stock-options: 28.1 million US$; |
| 2003Fleming, Gregory |  Vice-president; salary: 10.81 million US$; stock-options: 0.1 million US$; |
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year | employees <> | social impact : country source |
| 2008 | -4000 | Internal restructuring: Merrill Lynch posted a nearly $2 billion first-quarter loss, and said it plans to cut 4,000 jobs, 10% of its staff, after suffering several billion dollars of write-downs for subprime mortgages and other risky assets.: United States of America | Reuters  |
| 2008 | -650 | Internal restructuring: Merrill Lynch said it will stop funding loans at its troubled First Franklin home lending unit. Merrill Lynch suffered $11.5 billion during the fourth quarter linked to the subprime mortgage market's collapse. It will spend $60 million in 2008 to pay for severance and other real estate costs linked to unwinding First Franklin's operations.: United States of America | AP  |
| 2002 | 50900 | |  |
| 2002 | -24 | |  |
| 2002 | -150 | | AP  |
| 2001 | 57400 | |  |
| 1999 | 63800 | |  |
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year | country : description |
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year | financial misdemeanor | sales | income | assets | buyback | source |
| 2007 |
| | | | 6 | billion US$ |  |
| 2006 |
| 34.7 | 7.5 | |   | billion US$ |  |
| 2006 |
Merril Lynch agreed to pay a $1.5 million fine to settle charges of widespread abuses in the auction rate market for municipal and corporate bonds. Between January 2003 and June 2004, the firms were involved in improper placement and manipulation of orders and also provided some customers with information giving them an advantage over others in determining what rate to bid. |
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| 2006 |
Prosecutors on Tuesday accused three employees at Merrill Lynch and Goldman Sachs of taking part in a "massive" $6.7m international insider trading scheme involving the sharing of tips on sensitive mergers and acquisitions by Merrill clients. |
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